Neville Goddard's teaching can and will help anyone reach the next level. "Assume, accept, acknowledge and affirm you are NOW a consistently profitable trader" and the Universe (God within you) will actualize your assumptive belief in your world. The following video will help those that are ready..
This is a timely thread and you must be psychic. I was just wondering why I am so afraid of large profits. It's all in my head. I never thought it was possible nor visualized it at all. When it starts happening I always say "that's enough" and hurry to sell a position that keeps skyrocketing, at times. I would like to hear other elitetraders thoughts on visualizing, meditating on, and accepting some new reality that is trying to occur but you keep rejecting it, subconsciously. Ed Seykota talked about this in his Market Wizards interview. He had a fatal attraction to silver, and did some psychology work to get it out of his mind.
Hello Wide Tailz, Do video does not help me. I do not need any mental help with becoming the obvious, rich. I always knew I would be a millionaire since I was 17 years old. There is nothing else in life I want to do but be rich.
Hey, I face the same thing. I am not very confident right now chasing after profits. Whatever I have planned to be my exit point, I just stick with it.
Whilst the video is aimed at triggering your anger to improve yourself, which I like, it reminded me of this one by Leonard Cohen. It is a fragment from "The energy of slaves". Internet has democratised information in a way that mechanisms of control only will prevail through indoctrination. Generations will erode that control step by step. We may not see that but it will happen eventually. The religious aspect is full of shit.
trader psychology is a joke. Futures Trade Psychology: When it comes to the world of science, psychology isn’t one. It is a subject area that is too subjective; conclusions are mushy, and not falsifiable or repeatable. As a college major, it is not in the top 20 (or 30) highest paying majors but in fact one of the lowest. The same is true for graduate school salaries. Trading psychology recommendations are outright silly: Consider the statement: “The most important attribute for making money in financial markets is self-confidence” but how is confidence, self or otherwise, defined and measured? If self-confidence cannot be defined or measured, it cannot be understood so how can it be the most important? The same can be said for this statement: “Do not trade money until you are fully confident in your strategy”. Since “fully” cannot be measured it is useless. Consider the list of 6 keys to managing trade psychology which include “have an edge” (what is that exactly?); know thyself (who me?) and avoid emotional mistakes (My, oh my). Putting psychology to the curb, there are defined situations where we are defeated by aberrant choices that we can avoid using math based analysis and historical metrics. Psychology drools math rules.
Don't pay attention to this or that. Amazing what people tell themselves .......... to explain away their own failures (outside influences), while believing success is right around the corner.